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Dec 27, 2012
12/12
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KPIX
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. >>> the holiday vacation is over early for members of the united states senate and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is getting itchy for an agreement. its employees are writing "come together" on coffee cups to encourage compromise. >>> hawaii's democratic governor will replace daniel inoue to represent the state of hawaii in washington, d.c. inouye died of respiratory complications last week. on the day he died, the late senator wrote to the governor asking for representative colleen hanabusa to replay him. she made it to the final round of considerations but didn't win that nomination. >>> former president george h.w. bush is in intensive ca
. >>> the holiday vacation is over early for members of the united states senate and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem...
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Dec 27, 2012
12/12
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WMAR
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as of wednesday, 253,000 people signed an online petition on the white house website asking the obama administration to recognize the westboro baptist church as a heat group. the signatures makes it the most supported single petition ever on the white house site. the church is primarily made up of members from one family. >>> parking is about to get a lot more expensive in one u.s. city. >> yeah, you're going to find out where it's going to cost you much more to cost for just one hour of parking in 2013. >> all right also ahead this morning, we have heard it before. be careful what you post online because it could come back to haunt you. and now one local college wants to make sure that their students have tasteful online profiles. we're going to tell you what they're doing to help their graduates get ready. >> and good morning, aisle mike masco. this is the abc2 app and again you can get this on the itunes store and the google play store. we have storm shield also and our interactive radar on this is showing a snowstorm possibly by the weekend. we'll talk about that coming up after t
as of wednesday, 253,000 people signed an online petition on the white house website asking the obama administration to recognize the westboro baptist church as a heat group. the signatures makes it the most supported single petition ever on the white house site. the church is primarily made up of members from one family. >>> parking is about to get a lot more expensive in one u.s. city. >> yeah, you're going to find out where it's going to cost you much more to cost for just one...
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Dec 27, 2012
12/12
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KPIX
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. >>> president obama will spend the night aboard air force 1, making a red eye trip to washington. with the fiscal cliff deadline less than a week away. what it all means for your paycheck. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capitol. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned. in just six days, a 2% payroll tax is set to expire, along with the bush-era tax cuts, shrinking the average person's paycheck in 2013 by about $1500. long-term unemployment benefits for about two million jobless americans are also set to expire. and 110 billion worth of spending cuts to both domestic and defense programs will start to kick in, forcing layoffs in the public sector and for some private sector government contractors. economists predict that if congress doesn't act, all those cuts and new taxes will push the economy back into a mild recession by mid 2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1. that's because the irs and
. >>> president obama will spend the night aboard air force 1, making a red eye trip to washington. with the fiscal cliff deadline less than a week away. what it all means for your paycheck. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capitol. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned. in just six days, a 2% payroll tax is set to expire, along with the bush-era...
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Dec 26, 2012
12/12
by
FOXNEWSW
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eye 139
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president obama ran uno'posed. but sluggish economy and high unemployment and no plan for recovery made him vulnerable. >> president's policies have not been success to feel reignite the economy, putting people back to work. >> earning his party's nomination was not as easy for the former massachusetts governor mitt romney. even though romney went on to win decisive victories and becoming the republican nominee he emerged from the primary battle bruised. >> he is the worst republican in the country to put up against barack obama. >> romney's campaign saw several ups and downs but appearing confident and in command in the first debate, romney threw president obama off the game with the president delivering a shaky performance. >> the first debate sets the tone and can have the most impact but yeah, look, this is a series. >> mr. obama regained the footing by the third and final debate and ultimately won re-election. >> the best is yet to come. >> long serving texas congressman ron paul decided not to seek re-electio
president obama ran uno'posed. but sluggish economy and high unemployment and no plan for recovery made him vulnerable. >> president's policies have not been success to feel reignite the economy, putting people back to work. >> earning his party's nomination was not as easy for the former massachusetts governor mitt romney. even though romney went on to win decisive victories and becoming the republican nominee he emerged from the primary battle bruised. >> he is the worst...
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Dec 28, 2012
12/12
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FOXNEWSW
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president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the republicans are sitting there with a nuclear weapon. they have the debt ceiling coming up. they can use that as part of this negotiation. >> what is going on here? >> the president called me and probably called others last night. my impression is he would like to see if we can move forward. >> you can't legislate with yours
president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop....
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Dec 27, 2012
12/12
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FOXNEWSW
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cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the obamacare tax on top, dividends are going to collapse and so are the revenues that government will collect from the dividends. you'll have a similar result as you had in 1990 where they increased rather than declined. >> clayton: do we not learn from our history? this seems like it's just repeating all over again. politicians aren't aware of their history here and what we could go through again. we know what 1991 and 1992 looked like with that recession. it was hard. >> the tax increases we're talking about now are much bigger than in 1990 and t
cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the...
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Dec 28, 2012
12/12
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FOXNEWSW
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obama administration said if you pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he had to say. >> the american people i don't think the house representative is operating without the house of representative. it is being operated with a dictatorship of the speaker not allowing the vast majority of the house and representatives to get what they want. >> that sounds ridiculous f. it was a dictatorship boehner would have gotten that vote and he couldn' get the vote. what we should do honestly guys, is swan dive ov the fiscal cliff. let president obama own the fiscal cliff. it should be called the obama cliff. >> julia: people know how much they would have to pay. folks on the man on the stre
obama administration said if you pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he...
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Dec 29, 2012
12/12
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CNNW
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she beat him down this last race, trust me. >> barack obama dealt the knockout blow. it wasn't this candidate, she was a very, very weak candidate by any standard. she's beloved by progressives but she won because barack obama was at the top of the ticket, let's get real. >> scott brown has a 58% favorability rating, it's likely he goes back to the senate, they're going to be colleagues in the senate. if that's true, they'll get over it. >> when she loses, play that tape of pacquiao getting knocked down, say that's scott brown. >> margaret's right, scott brown's still popular in massachusetts. >> he lost. >> number four rivalry, paul ryan versus marco rubio, the republican party already making jokes about 2016. >> both parties tend to divide americans into our voters and their voters. we must speak to the aspirations and anxieties of every american. >> one of the fundamental challenges before us is to find an appropriate and sustainable role for government. and closing that gap between the dreams of millions of americans and the opportunities for them to realize them.
she beat him down this last race, trust me. >> barack obama dealt the knockout blow. it wasn't this candidate, she was a very, very weak candidate by any standard. she's beloved by progressives but she won because barack obama was at the top of the ticket, let's get real. >> scott brown has a 58% favorability rating, it's likely he goes back to the senate, they're going to be colleagues in the senate. if that's true, they'll get over it. >> when she loses, play that tape of...
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Dec 28, 2012
12/12
by
CNNW
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businessmen make lousy presidents. >> why have you been so consistently supportive of obama? >> i can't even imagine thinking about what would happen to the supreme court if a republican were the president, you know? i mean, citizens united is a horrible thing that people can spend and waste this amount of money on elections? think of all the -- you know, the people that could benefit from that money, you know? >> there have been two elections since i've been in america, there have been two elections where one party has had far more financial firepower than the other. one was here in california with meg whitman, one was nationally, but romney clearly had more money than obama. for most of that campaign. in both cases, the one with the most money lost. >> isn't that great? >> what does that tell you? >> people are getting smarter. i don't like all this amount of money spent on this election. there should be a give -- campaign finance reform is very important. i hope somebody does something about it. you should have a given amount. equal amount. equal air time and that's it. yo
businessmen make lousy presidents. >> why have you been so consistently supportive of obama? >> i can't even imagine thinking about what would happen to the supreme court if a republican were the president, you know? i mean, citizens united is a horrible thing that people can spend and waste this amount of money on elections? think of all the -- you know, the people that could benefit from that money, you know? >> there have been two elections since i've been in america, there...
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Dec 27, 2012
12/12
by
LINKTV
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president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the motorists struggled with slippery roads. 21 cars and fractured trailers, and eastern ohio, kentucky, and indiana. along with wind gusts of 50 kilometers an hour. the unusual winter phenomenon hit for seven states, 34 tornadoes. this one touchdown in mobile, alabama. it overturned cars and blew out windows. >> it is like this crazy wind, just the whole building is shaking. >> a caused no fatalities, but a thunderstorm fell this tree, killing a driver of this truck. and if no border was buried by an avalanche. the storm system shifts to the eastern seaboard. >> writing levels of th
president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the...
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Dec 30, 2012
12/12
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WJLA
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the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed four people in russia. what happened to another airplane from the same airline just days ago. >> why an attorney for a new town massacre survivor says the state of connecticut is to blame. if >> how of >> we're learning more tonight about the crash of a russian airplane in moscow. four people were killed after the red wing airplane broke into pieces and caught fire while landing. four people were hurt. your plane rolled off the runway into a snowy field. another red wing airplane went off the runway in siberia on december 20. the official said that crash happened because the airplanes engines failed to go into
the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed...
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Dec 28, 2012
12/12
by
KGO
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i wonder if president obama wraps his own gifts. the local fox affiliate in seattle ran a story about christmas in the white house. the white house is fully decorated now and the obamas will have a fun holiday this year. >> some republicans are pushing boehner to avoid the white house for blaming them for a crash on the taxes on the rich. >> the white house is ready for christmas. the first lady gave a tour of the presidential decorations and that is not it. >> how do you know? maybe they have been growing something in the garden. >>> the white house released their holiday card. it is a realistic painting. it's the obama family dog in front of the white house. the painting was done in black and white. it's based on a color photo. that's the original photo. it was a little too colorful for me. a very colorful. i think beau might be getting to the obama supply of centrum. speaking of the holiday spirit this is nice. this happened in thanksgiving. a station in kentucky was doing a live report from a shelter that does an annual thanksgi
i wonder if president obama wraps his own gifts. the local fox affiliate in seattle ran a story about christmas in the white house. the white house is fully decorated now and the obamas will have a fun holiday this year. >> some republicans are pushing boehner to avoid the white house for blaming them for a crash on the taxes on the rich. >> the white house is ready for christmas. the first lady gave a tour of the presidential decorations and that is not it. >> how do you...
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Dec 28, 2012
12/12
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CNNW
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let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that allows you to thrive. someone invested in roads and bridges. if you've got a business, you didn't build that. >> now, that was turned into this viral video, with over a million views, easily. >> i'm barack obama, those ads, taking my words about small business out of context, they're flat-out wrong. >> if you've been successful, you didn't get that on your own. >> getting pretty inventive there. >> i'm glad we really started on a light note. could have built some camaraderie. now i have to tell you, it wasn't out of context. make my argument, give me three minutes, i'll prove to you it meant exactly -- >> will, seriously. i'm at the republican convention and they're holding their signs up, you didn't build that. i'm like, you're right, they built it in china. >> all the fact checking organizations say it was totally taken out of context and very misleading, but i really wish we had those three minutes for
let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that allows you to thrive. someone invested in roads and bridges. if you've got a business, you didn't build that. >> now, that was turned into this viral video, with over a million views, easily. >> i'm barack obama, those ads, taking my words about small business out of context, they're flat-out wrong. >> if you've been successful, you didn't get that on...
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Dec 27, 2012
12/12
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MSNBCW
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president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a deal. that's less than 1% of the federal spending over the next decade. in d.c. terms, 400 billion seems like a lot. that's a drop in the bucket in d.c. terms. it's amazing that small of a number killed a deal. >> if you are buying a house or a car and one person said look, i'm going at $1 billion. usually split the difference and do the deal. this time around, that didn't happen. neither was hoping for this. if house republicans couldn't go for that million dollar threshold, they are not going to go for 400,000 or 600,000. that's why we are probably going to end up going-over the cliff and seeing what
president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a...
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Dec 28, 2012
12/12
by
WJLA
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eye 323
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this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go right to jon carl tonight. good evening. >> reporter: good evening, david. there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. >> reporter: aftereeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours to work a small plan to keep some taxes from going up. after the meeting, house democrat leader nancy pelosi told
this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go right to jon carl tonight. good evening. >> reporter: good evening, david. there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from...
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Dec 27, 2012
12/12
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KBCW
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. >>> president obama will spend the night aboard airforce 1 making a red-eye trip from hawaii to washington. when he arrives on thursday, it's right back to budget negotiations with the fiscal cliff deadline less than a week away. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capital. the only people who can avert the fiscal cliff, members of the house and senate, have not returned. and in just six days, a 2% payroll tax is set to expire, along with the bush-era tax cuts, shrinking the average worker's paycheck in 2013 by about $1,500. long-term unemployment benefits for about 2 million jobless americans are also set to expire, and $110 billion worth of spending cuts to domestic and defense programs will kick in, forcing layoffs in the public and private sector. if congress doesn't act, all the cuts and new taxes will squish the economy back into a mild recession by mid-2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1st because the irs and other agencies didn't expect it to come to this. i
. >>> president obama will spend the night aboard airforce 1 making a red-eye trip from hawaii to washington. when he arrives on thursday, it's right back to budget negotiations with the fiscal cliff deadline less than a week away. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capital. the only people who can avert the fiscal cliff, members of the house and senate, have not returned. and in just six days, a 2% payroll tax...
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Dec 29, 2012
12/12
by
LINKTV
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eye 135
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obama met congressional leaders at the white house on friday to discuss a deal. he said the talks were constructive, but did issue a warning on behalf of the american people, demanding congress take action. >> america wonders why it is that in this town, for some reason, you cannot get stuff done in an organized time table, where everything has to wait till the last minute. we are now of the last minute. in the american people are not going to have any patients for a politically self-inflicted wound to our economy. >> the president said he was modestly optimistic that the january 1 deadline for the fiscal cliff could be averted, but that is contingent on a vote in the senate on a compromise bill, and that will have to get an up or down vote. there is a majority for that, with some tax increases for upper-income people. the question is what level would be acceptable to republicans. more crucial to that is, whatever the senate proposes and passes on to the house, will it be acceptable to the majority of republicans in the house, who control that body? if it is not,
obama met congressional leaders at the white house on friday to discuss a deal. he said the talks were constructive, but did issue a warning on behalf of the american people, demanding congress take action. >> america wonders why it is that in this town, for some reason, you cannot get stuff done in an organized time table, where everything has to wait till the last minute. we are now of the last minute. in the american people are not going to have any patients for a politically...
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Dec 26, 2012
12/12
by
CNNW
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eye 117
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just yesterday clay aiken said he wished president obama would, quote, hurry up. you must be pretty happy that he reacted so quickly. >> i am. i feel so empowered. >> i mean, a big day, you know, every gay american, a big day for every american in america, whatever reaction you had to it. how did you feel when you heard the news? >> you know, it is a little bittersweet. i'm in north carolina and as a north carolinian, i was really disappointed with the way the amendment initiative vote went yesterday here in north carolina. but it's -- it's very promising to hear president obama finally come up and speak out on something that's so important. i think the ground swell and the energy behind a lot of the activists and the people who were important in the vote here yesterday in north carolina, that energy made its way to washington and president obama realized that this was a time to speak up and to speak out on the freedom for everyone to marry. >> do you think homosexuality is a sin? >> i think that it's -- it's unnatural. i think that it's detrimental and ultimately
just yesterday clay aiken said he wished president obama would, quote, hurry up. you must be pretty happy that he reacted so quickly. >> i am. i feel so empowered. >> i mean, a big day, you know, every gay american, a big day for every american in america, whatever reaction you had to it. how did you feel when you heard the news? >> you know, it is a little bittersweet. i'm in north carolina and as a north carolinian, i was really disappointed with the way the amendment...
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Dec 30, 2012
12/12
by
CSPAN2
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eye 189
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. >> talk about obama. your chapter is entitled provocatively. [laughter] in some ways they've made it worse. >> the longest chapter of the book. >> it might get longer. >> then i see the cuts that we have to make but to deal with a contemporary is a lot of interest in obama. then to pull back. >> but there were people on the right to and those who would disagree to say he apologizes for america and pulls out from the allies and those that say he should not send troops to afghanistan in the first place. >> there was the tough group. the advisers that he bridal and called the economic advisers to timothy geithner, larry summers and peter norris said. of the foreign policy team, robert gates up to his eyeballs most of the bad things the country has done for decades. >> but he promised he would pull troops out of iraq so he falls through on his promise. >> so they do not take it seriously enough. we think it has been a big mistake. one thing he said is that cut back on the bush secrecy and has not followed through. with the espionage act was passed
. >> talk about obama. your chapter is entitled provocatively. [laughter] in some ways they've made it worse. >> the longest chapter of the book. >> it might get longer. >> then i see the cuts that we have to make but to deal with a contemporary is a lot of interest in obama. then to pull back. >> but there were people on the right to and those who would disagree to say he apologizes for america and pulls out from the allies and those that say he should not send...
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Dec 27, 2012
12/12
by
CNBC
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because then obama gets the tax increase that he wanted, right? the republicans aren't seen by their constituency of giving into the tax increase and then they start from there, anew, and you can bring it down to the middle class tax cut. so, why isn't that the way it's going to be playing out and the meeting by the house on sunday, just optic. obama coming back, just optics. >> well, like i said a couple of minutes ago, it's the relief rally versus the negative impact of the fiscal cliff. in other words, the recession their forces in the cliff, so, you picture two, like a sea change. the relief rally where it's going to happen, when we get a deal. then you have the recession their forces of the cliff right after that, so, you can see those two forces. i've been looking -- >> stocks can trade up during a recession. not when you're going into it. as you see going out of it. >> but it's still $130 billion of new taxes that are hitting the economy. maybe 150. i'm looking at two-month vices future versus the eight-month and i've been tracking it. trac
because then obama gets the tax increase that he wanted, right? the republicans aren't seen by their constituency of giving into the tax increase and then they start from there, anew, and you can bring it down to the middle class tax cut. so, why isn't that the way it's going to be playing out and the meeting by the house on sunday, just optic. obama coming back, just optics. >> well, like i said a couple of minutes ago, it's the relief rally versus the negative impact of the fiscal...
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70
Dec 26, 2012
12/12
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CNBC
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eye 70
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you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge t
you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what...
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92
Dec 29, 2012
12/12
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WJLA
tv
eye 92
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president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president said ordinary americans can sort through disagreements. >> the notion that our elected leadership cannot do the same thing is mind-boggling to me. it needs to stop. >> if they come to a good deal, not just one that is forced -- >> of the white house christmas tree a short distance from where the president met with congress, both local residents and people from all over the country -- >> it would be nice if the king to a compromise. >> gave us their take. many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary.
president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president...
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149
Dec 29, 2012
12/12
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WBAL
tv
eye 149
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in his weekly address, president obama pushed lawmakers to act. >> we cannot let washington politics get in the way of america's progress. >> reporter: mr. obama met with top party leaders friday, calling on them to either reach a compromise or allow a vote on his plan that would among other things raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> reporter: missouri senator roy blount delivered the republican response sharply criticizing the president's proposal. >> the president's proposal to raise taxes on the top 2% of americans won't even pay one-third of the annual interest now owed on the massive $16 trillion debt. >> reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest
in his weekly address, president obama pushed lawmakers to act. >> we cannot let washington politics get in the way of america's progress. >> reporter: mr. obama met with top party leaders friday, calling on them to either reach a compromise or allow a vote on his plan that would among other things raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote....
121
121
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 121
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that obama wasn't holding all the cards. i think he has the advantage obviously because republicans in all the policy are the ones who will take the blame. but nonetheless, the larger issue, if you are obama, is not who is popular and who is not, he's won his last election. that doesn't matter anymore. what obama does care about and should care about is his legacy. if you go over the cliff he may get a bump temporarily and the republicans will take a hit but his legacy will be his second term. and if he wrecks the economy, as he would, by not being able to remedy the consequences of going over the cliff, then he's going to have a failed second term and a failed history -- history will remember him as a failed president. now, what he probably thinks, if he can go over the cliff, the republicans will take a hit, he will have public opinion behind him and then he can undo the damage one issue at a time by getting a reduction by a return of the majority of the bush tax rates, standing unemployment, whatever else he wants to do h
that obama wasn't holding all the cards. i think he has the advantage obviously because republicans in all the policy are the ones who will take the blame. but nonetheless, the larger issue, if you are obama, is not who is popular and who is not, he's won his last election. that doesn't matter anymore. what obama does care about and should care about is his legacy. if you go over the cliff he may get a bump temporarily and the republicans will take a hit but his legacy will be his second term....
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Dec 25, 2012
12/12
by
FBC
tv
eye 56
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the obama administration is pushing for new taxpayer support for wind projects. with our budget deficit soaring an intense debate is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2 billion. why? >> remember the industry said we're all about reducing carbon dioxide. that was the whole argument. now it shifted we create jobs argument. if congress does not extend production tax credit we'll lose 37,000 jobs. they might get an extension but there is big push among utilities, a lot of groups to end the tax credit and it very well could be ended. gerri: it doesn't work that well. 84% fail to produce electricity when the demand is great. as a solution to our energy problems how would you rate it? >> it is not a solution and it is wholly dependent on electric utilit
the obama administration is pushing for new taxpayer support for wind projects. with our budget deficit soaring an intense debate is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2...
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69
Dec 23, 2012
12/12
by
WJLA
tv
eye 69
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house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only be o official balls. there'll be a concert honoring .he lee terry families saturdaye held on before inauguration. out of egypt, how millions e voted on the disputed constitution. also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used fo
house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only...
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88
Dec 27, 2012
12/12
by
WMAR
tv
eye 88
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obama. first graders with a very special connection to the white house tree ask their questions of the first lady. >> do they give each other presents? >>> from the global resources of abc news, with terry moran, cynthia mcfadden, and bill weir in new york city, this is "nightline," december 26th, 2012. >>> good evening, i'm terry moran. for a holiday, this has been a busy time in washington. as the negotiations surrounding that looming fiscal cliff come to a fever pitch just before the new year. but this is also a time of tradition and celebration in the nation's capital, and nobody decks the halls like the team at the white house for christmas. christmas is there, has come to mean a special visit every year, not just from santa claus, but from abc's own barbara walters. barbara? >> terry, in what has become one of my favorite holiday traditions for the fourth year, i had the privilege of interviewing the president and mrs. obama at the white house. this interview was taped days before the
obama. first graders with a very special connection to the white house tree ask their questions of the first lady. >> do they give each other presents? >>> from the global resources of abc news, with terry moran, cynthia mcfadden, and bill weir in new york city, this is "nightline," december 26th, 2012. >>> good evening, i'm terry moran. for a holiday, this has been a busy time in washington. as the negotiations surrounding that looming fiscal cliff come to a...
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139
Dec 27, 2012
12/12
by
KGO
tv
eye 139
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obama at the white house. this interview was taped days before the tragic shooting in connecticut and was postponed until now. it was the first time the couple sat down together since winning re-election. mrs. obama also took me on a personal tour of what is called the people's house. and it's never more true than during the christmas season. after thanksgiving, more than 80 volunteers from nearly 40 states descend on the white house, trimming 54 trees, plus every nook and cranny. first dog bo is the star of the show. there he is inspecting the decorations, including this larger than life model of himself, made of 20,000 pompoms. my friend. >> yes, bo. he's really big in relation to this house. >> this 300-pound ginger bread white house was the first stop on my exclusive behind-the-scenes tour with first lady michelle obama. these are various rooms in the actual white house. >> absolutely. and the details in these rooms are just beyond this year. >> why peer into these windows when i can see the real thing? >>
obama at the white house. this interview was taped days before the tragic shooting in connecticut and was postponed until now. it was the first time the couple sat down together since winning re-election. mrs. obama also took me on a personal tour of what is called the people's house. and it's never more true than during the christmas season. after thanksgiving, more than 80 volunteers from nearly 40 states descend on the white house, trimming 54 trees, plus every nook and cranny. first dog bo...
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103
Dec 30, 2012
12/12
by
WJLA
tv
eye 103
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perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached. now, not so much. >> what we're seeing here is a monumental failure of presidential leadership. >> the better back-and-forth continues to be over how to cut spending and what the income threshold to be for who gets a tax hike. >> what i am arguing for is maintaining tax cuts for 90% of americans. i did not think anybody would consider that and liberal, left- wing agenda. >> republicans say their agenda, not stifling an already fragile economy with tax hikes on those who are behind small business. >> the higher you set that level, the less small business you will get. >> what had been high hopes had turned
perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached....
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173
Dec 29, 2012
12/12
by
KRCB
tv
eye 173
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why should we look at cuba stocks. >> i think president obama want. interestingly the emploentf senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $25a share whenws 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and why it's good for american investors? >> another example of what weha. companies that have been doing well now even if there is no change in cuba. i think the country of cuban has to be air conditioned. they are going to get a tremendous amount of business when the embargo is lifted. >> susie: what target t do you see on this stock price? >> i don't have a target butit'a long term in our por portfolio. >> carnival cruise line. >> carnival and royal caribbeanf new business. not only people traveling to cuba but people com combining vacations with a trip to cuba. it's a win win for the
why should we look at cuba stocks. >> i think president obama want. interestingly the emploentf senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $25a share whenws 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and...
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Dec 27, 2012
12/12
by
KQED
tv
eye 419
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we think -- we know obama said the west would not forgive the use of chemical weapons. he says there are a red line. i think this is something the regime would not like to have on their hands. >> what will they do with the information this memo provides him with? -- this man provides them with? >> this regime has been very brutal and has committed some atrocities against civilians and house also used -- has also used weapons of mass destructions. you talk about chemical weapons. perhaps some thing more. i hope this will confirm that the regime is preparing such weapons. >> we have had those reports of chemical-type weapons over the past weeks. there was a report two days ago. it looked like phosphorus had been used. what is your sense as to how long the regime has left? >> i am pretty sure the regime will stain as long as the outside help is going on. and if the west is not the ticket stand and provide the opposition with three weapons -- does not take a stand and provide the opposition with real weapons to end this bloodshed, if this does not happen, i think it will ta
we think -- we know obama said the west would not forgive the use of chemical weapons. he says there are a red line. i think this is something the regime would not like to have on their hands. >> what will they do with the information this memo provides him with? -- this man provides them with? >> this regime has been very brutal and has committed some atrocities against civilians and house also used -- has also used weapons of mass destructions. you talk about chemical weapons....
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Dec 29, 2012
12/12
by
WJZ
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eye 87
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president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans
president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled...
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546
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 546
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and get ready for obama care. what you need to know as some key provisions kick in. >>> it was terrifying moments at a phoenix bank. workers arrived to find one of their co-workers with a device around her neck, but the device was harmless. she was taken hostage the night before and held against her will overnight. police say the man who did it took her to the bank this morning and left her there. he remains at large. >>> pilot error is suspected it in a jet crash that killed four people at russia's third busiest airport. four others were badly hurt. the red wings airliner slid off the runway at the airport just outside moscow. the plane landing partly on a highway before breaking into pieces and catching fire. officials say there were only eight people on board because the jet was returning home from the czech republic with no passengers. i'm marianne rafferty. now back to "the journal, editorial report." for the latest news log on to fox news.com.o >>> welcome back to this special edition of "the journal editori
and get ready for obama care. what you need to know as some key provisions kick in. >>> it was terrifying moments at a phoenix bank. workers arrived to find one of their co-workers with a device around her neck, but the device was harmless. she was taken hostage the night before and held against her will overnight. police say the man who did it took her to the bank this morning and left her there. he remains at large. >>> pilot error is suspected it in a jet crash that killed...
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116
Dec 27, 2012
12/12
by
KRON
tv
eye 116
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for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43% and october 2011. the american public is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public wants to enforce current laws while 47 once the legislation. this is a big law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent support and assault weapons ban while 51 percent are against it. >> today 200 use of teachers will get the proper training to be able to carry a weapon. the utah shooting sports council said it would waive its $50 fee for concealed weapons training for the teachers. it's an idea gaining traction in the aftermath of the connecticut school shooting. you ties among few
for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43% and october 2011. the american public is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public...
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232
Dec 27, 2012
12/12
by
CNNW
tv
eye 232
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president obama is rushing back to washington. the question is what kind of reception will he get? >> we have our political insiders coming up. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to learn more about the cold truth santho, ho, ho!anta! santa! want to see some magic? watch this! merry chr... (crash) ow! i
president obama is rushing back to washington. the question is what kind of reception will he get? >> we have our political insiders coming up. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil...
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188
Dec 28, 2012
12/12
by
KTVU
tv
eye 188
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but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it definitely feels that way. everybody is obviously watching for some kind of news out of washington. that is what has moved the market every day for the past couple of weeks. it will be no different today. so i absolutely agree with you. > should investors be concerned about the move in the volatility index yesterday? > > it was interesting to see that, and it is really something that at least active investors watch on a regular basis, so any time the vix moves, i think it is something to watch. > what do you anticipate for the friday trade? > > i certainly think that we will see more lower prices in the market
but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it...
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80
Dec 23, 2012
12/12
by
WJLA
tv
eye 80
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the main objective that obama had was not a fiscacal 1 but political, to fofoow the victory in november byreating cil war among republicans to their brand? to watch that scene last over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which she did openly and said he was ready to do it. then conservatives said they would not do it. that is now a fracture in the party that will be extremely hard to reconcile. if you can not, how did yoget a deal done before january 1? i am not sure they can be do that is essentiay the proem the president faced with boehner twtwo years ago, last year. can he deliver? how can you n negotiate with someone who cannot deliver his side? >> you go to people for support at least three owhom have lost their committee assignments. how can you expect them to come into your way of thinking? >> and they wer growing when john boehnhner went down, taking some delight, but that was cleared, that was pre-clear
the main objective that obama had was not a fiscacal 1 but political, to fofoow the victory in november byreating cil war among republicans to their brand? to watch that scene last over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which she did openly and said he was ready to do it. then conservatives said they would not do it....
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180
Dec 29, 2012
12/12
by
KBCW
tv
eye 180
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. >> reporter: top congressional leaders met with president obama. the president called the meeting constructive but reminded lawmakers there is not much time left. >> we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. >> harry reed turned to is the gnat floor. >> we are engaged in discussions, the leader myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> we are going to do the best we can for the caucuses we have and the country that is waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits an some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism nay will get the job done, but the president has a back up plan just in case. >> if an agreement isn't reached in time, between senator reed and senator mcconnell, i will urge reed to bring to the floor an up or down vote. >> reporter: that would preserve tax c
. >> reporter: top congressional leaders met with president obama. the president called the meeting constructive but reminded lawmakers there is not much time left. >> we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. >> harry reed turned to is the gnat floor. >> we are engaged in discussions, the leader myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation....
285
285
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 285
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even president obama is a fan of the stones. what does he say, the president say is his favorite rolling stones song? ♪ if i don't get some shelter ♪ i'm going to fade away ♪ just a shot away ♪ just a shot away ♪ >> bill: i must say it's an exceptional song holds up even after all these years give me shelter. >> you agree. >> sympathy for the devil is a good song too. >> steve: it could be the theme song for hud, give me shelter. >> bill: do you want to inject a littleyo politics into the quiz here? >> steve: not at all. why don't you sing some more? >> bill: doocy, any time you want a singoff put it up there. you be the judge. you can be the judge. so we have. >> bill: 1-1. >> bill: we have 1-1 with two to go. question number four, what front man for a long running band was savaged by the press for awful performance in the indy 500. who blew the star-spangled banner at indy, cards up, please, and we will roll that tape ♪ land of the free ♪ and the home of the -- ♪ indianapolis 500.ld >> bill: i would have deport
even president obama is a fan of the stones. what does he say, the president say is his favorite rolling stones song? ♪ if i don't get some shelter ♪ i'm going to fade away ♪ just a shot away ♪ just a shot away ♪ >> bill: i must say it's an exceptional song holds up even after all these years give me shelter. >> you agree. >> sympathy for the devil is a good song too. >> steve: it could be the theme song for hud, give me shelter. >> bill: do you want to...
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81
Dec 29, 2012
12/12
by
WJLA
tv
eye 81
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. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter million dollars or less. >> i will urge the senate to hold an up or down vote on a basic package to protect the middle class from a tax hike extend vital unemployment insurance for americans looking for a job. >> the impasse has shaken wall street, the dow jones falling 400 points since last week. business people but this man are worried about the future. >> we are deciding how many people we are hiring and we are figuring out how many machines and robots to invest in our factory. >> commits to be axed, there is agreement on 90% of the tax debate. it is the fate of the top 2% that has the two sides so far apart. >> we have a crisis of self government right now. >> if an agreement is reached it would be with t
. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter million dollars or less. >> i will urge the senate to hold an up or down vote on a...
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87
Dec 29, 2012
12/12
by
WMAR
tv
eye 87
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tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people can't do their jobs. >> reporter: harry reid and mitch mccono agreed to spend the weekend working on a fall back plan that can pass both chambers of congress. >> some people will not like it, but that's where we are. >> reporter: president obama is pushing for a stop gap measure that would at least avoid tax increases on people earning less than $250,000. frustration is growing. a simple stop gap percent is not what men -- measure is not what many in washington hoped for. many blame president obama for the collapse of a bigger deal that would reduce spending and cut the
tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people...
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Dec 27, 2012
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he was of the age that swept obama into power. not politically silent, but somewhat motionless and actually came out in full force and helped create this identity and they were as much a part of it that they supported and it just seems profoundly unfair that he didn't make it to see at least the end of the 2012 election cycle. >> talk about the process of how newtown changed the complexion's content of the list. >> we added essentially a second cover to this issue. we use that to acknowledge the victims of newtown. to point out that this is a celebration of life. there is no way to express the horror and the that occurred in that tragedy. our decision to acknowledge newtown in a context that we gave it was simply the only meaning we can scribe to at this moment. we have meaning for decades and decades beyond that. this may impact obama's term, we don't know yet. we have to do it in the best way we could at this moment. >> i was in newtown yesterday surveying the scene and trying to see what it was like. i hadn't been there yet. i
he was of the age that swept obama into power. not politically silent, but somewhat motionless and actually came out in full force and helped create this identity and they were as much a part of it that they supported and it just seems profoundly unfair that he didn't make it to see at least the end of the 2012 election cycle. >> talk about the process of how newtown changed the complexion's content of the list. >> we added essentially a second cover to this issue. we use that to...